JAKARTA (The Jakarta Post/Asia News Network): President Joko 'Jokowi' Widodo's approval rating has hit a six-year low amid dissatisfaction over soaring cooking oil prices and the perceived failure of an export ban to swiftly reduce the rising cost of goods, a new poll showed on Sunday (may 15). Figures released by Jakarta-based pollster Indikator Politik Indonesia showed that satisfaction with the nation's president, widely known by as Jokowi, fell to 58.1 per cent this May. The figures are the lowest rating since December 2015 when the president's approval slumped to 53 per cent. The decline, which follows a 12-point drop from January to April this year, comes as Indonesia has struggled to reign in domestic cooking oil prices, a household staple in Indonesia, and after a shock decision to ban palm oil exports late last month. Indonesia is the world's largest producer of palm oil and the policy decision stunned global markets. At the time president Jokowi said the need for … [Read more...] about Jokowi’s approval rating hits six-year low
Fda approves zilretta
Govt approves RM132.2 mil development allocation for fire dept
Prime Minister Datuk Seri Ismail Sabri Yaakob (Photo by Zahid Izzani/The Edge filepix) - A + A KEPALA BATAS (May 22): The government has approved RM132.4 million in development allocation for the Malaysian Fire and Rescue Department under the 12th Malaysia Plan (12MP) to improve its readiness and for the welfare of its personnel. Prime Minster Datuk Seri Ismail Sabri Yaakob said as a government responsible and concerned for the development of fire and rescue services in the country, various efforts have been taken to fulfil the service commitments towards Malaysians especially from the aspect of firefighting infrastructure development and human capital. "It (The allocation) covers procurement of fire engines, utility vehicles, fire forensics vehicles, personal protective equipment (PPE) and firefighting monitoring software systems aimed at boosting the department’s effectiveness in handling emergency cases,” he said in his World FireFighters’ Day speech at the … [Read more...] about Govt approves RM132.2 mil development allocation for fire dept
How several states are taking the lead on restoring overtime pay
This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay
Chin Hin Group continues M&A spree
CHIN Hin Group Bhd is again making waves for its acquisitive drive. Chin Hin is a 31.2% stake owner in Signature International Bhd after purchasing a stake in March 2021. Earlier in the week, Signature had announced its intention to acquire a 23.67% stake in Main Market-listed Fiamma Holdings Bhd for RM180mil cash or RM1.50 per share. ALSO READ: Chin Hin takes control of Ajiya Fiamma mainly distributes and services home and kitchen electrical appliances and it also makes built-in kitchen and wardrobes. In December 2020, Chin Hin had parked Chin Hin Group Property Bhd (CHGP) under its stable after it acquired a 51.5% equity stake in a related party transaction (RPT) from the latter’s major shareholders. According to its 2021 annual report, Chin Hin now has an effective 59.3% stake in CHGP. There have been more acquisitions. Chin Hin is now a 65%-owner of construction firm Kayangan Kemas Sdn Bhd and the company is the single largest 24.68% shareholder in construction … [Read more...] about Chin Hin Group continues M&A spree